Main Street Parity Act passed the House 98 days after introduction and awaits a vote in the Senate
IntroducedOct 14, 2025
ReportedNov 18, 2025
Passed one chamberJan 20, 2026
Passed both—
Law—
What it changes · CRS summary
Written by the Congressional Research Service [2]. 56 words.
Main Street Parity Act This bill lessens the financing requirements for certain Small Business Administration loans to small businesses for plant acquisition, construction, conversion, or expansion, including the acquisition of land. Specifically, the bill reduces the amount of equity a borrower must provide by 5% of the total cost for loans for limited or single-purpose properties.
Context
- Committees
- House Small Business Committee
Senate Small Business and Entrepreneurship Committee - Policy area
- Commerce: 44 of 2,416 bills became law, 113th–118th (1.8%)
- Sponsor
- 1 of 116 bills enacted since 2013
- Text versions
- 4, from introduced in house to referred in senate · 112 words
- Subjects
- Building constructionEconomic developmentGovernment lending and loan guaranteesSmall business
- Latest action
- Jan 26, 2026: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
- Records
- Congress.gov · Bill text
Exhibit 1Passage odds band at each stage, rated when the bill reached it [4]
Related bills · 0
The bill status record lists no related bills.
Exhibit 2Articles naming the bill per day, last 90 days, US sources [3]